What is "Financial Control" as a part of Financial management function?

Effective and efficient utilization of assets, safeguarding the interest of company and the owners.  Be a controller of Finance to manage the finance in a way to cater the needs of business.

Financial control aims at: Effective Utilization of Assets to generate Revenue--To ensure assets as to whether they are adequately safeguarded--To verify how do the business carry on its activities to protect the interest of stakeholders in accordance with the business rules.

Finacial control ensures effective use of funds in a planned way.